Audit flags spending by Sherod Duncan at GNNL

Sherod Duncan

An audit into Sherod Duncan’s stewardship of the state-owned Guyana National Newspapers Limited (GNNL) has found that in excess of $5 million was spent on 21 transactions which did not adhere to the Tender Board Rules and procedures which govern the corporation.

Duncan has however argued, in his response to the auditor, that in the absence of the Board of Directors of the newspaper  “any approvals that were needed at this level were done by the Subject Minister.”

“The subject minister was briefed at all times, in the absence of the Board on the business of GNNL, giving his approval where practical and necessary,” Duncan repeatedly noted…..

Around the Web